In 2023, hot drinks is thriving in Bangladesh, especially tea and coffee. Despite a minimal price rise compared to other products, coffee has experienced some inflation.
In 2023, tea sales remain stable despite a rise in sugar prices, while coffee experiences a slight slowdown, particularly in café demand due to increased prices. Other hot drink sales decrease as living costs rise among low and middle-income individuals.
Demand for hot drinks changes depending on the season. For example, during the winter, hot drinks are more popular compared with the summer.
Loose black tea is the most popular type of hot drink among low-income consumers, who make up approximately 70% of the population in Bangladesh. This is partly the result of tradition, but also reflects the fact that loose black tea is more affordable than other product types.
Traditional grocery retailers dominate the retail distribution of hot drinks in Bangladesh. These outlets significantly outnumber other types of grocery retailers, and in many rural areas are the only places where consumers can buy hot drinks.
Over the forecast period, the demand for tea is expected to rise significantly, thanks to impressive local consumer development. Consumers, especially in corporate settings, show a growing preference for a variety of teas.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Hot Drinks industry in Bangladesh with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to the following key categories, where applicable:
If you're in the Hot Drinks industry in Bangladesh, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Hot Drinks
This report originates from Passport, our Hot Drinks research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!